The future adoption of remote work methods by businesses casts a pall of uncertainty over the commercial office space industry. Has the rise in work-from-home jobs affected office space openings? And will it have a longer-term impact? These are the questions CRE developers are asking since there is no real historical data to analyze as …
Office Space Uncertainty as Working from Home Becomes More Mainstream Read More »
One of the biggest challenges to the development finance process is submitting loan draw requests to lending institutions. These requests happen frequently and potentially multiple times per project, yet the process can be arduous and inefficient for developers without the proper tools. For most real estate developers, project information is typically trapped in spreadsheets and …
The Current Draw Process One of the biggest challenges to the development finance process is submitting draw requests to lending institutions. These requests happen frequently and potentially multiple times per project, yet the process can be arduous and inefficient without the proper tools. The development team is frequently in charge of collecting all project …
Although today’s real estate development companies are lean and mean, they need to solve complex real estate operational issues. The key to being efficient with a small staff is a software solution that is easy to use yet robust enough to handle all your real estate operations. By providing one solution to your development company’s …
Budgetrac Software – Real Estate Accounting and Development Management Read More »
Real Estate developers have specific and unique accounting and project control needs. Budgetrac real estate development accounting Software lets you actively manage projects and complete them within budget. Budgetrac produces reports vital for managing projects from inception through completion. You’ll get reports when they’re needed – not just at the end of an accounting …
The Many Ways Budgetrac Software Meets Your Unique Needs as a Real Estate Developer Read More »
With a host of projects at various stages of development, knowing the specifics of each is unlikely to be your first focus. However, when a project goes over budget and you can’t figure out what went wrong, you may begin to lose control over your portfolio. What if you could see how each project was …
The development of real estate is a time-consuming and complicated process. To effectively orchestrate the entire real estate development cycle, your accounting software for real estate development must work harder than you. Accounting transactions may not be properly accounted for or reported if this is not done. Today’s shifting landscape means it’s more important than …
A Real Estate Development Accounting Solution Beyond Quickbooks and Excel Read More »
The demand, rent and lease rates for commercial real estate are closely linked with the economy. In order to be successful, commercial property management companies must successfully lower operating costs for property owners while maintaining high levels of tenant satisfaction, according to a new First Research report on the industry. Cities with innovative industries …
Innovation is Driving Commercial Real Estate Recovery, Report Says Read More »
Tech is on the rise in commercial real estate (CRE) and property management. That’s according to a new First Research report on the industry, which states that property management companies are increasingly using technology to help them monitor commercial leases and manage services. And with the market hopefully poised for a long, strong recovery …
Tech Upswing Helping to fuel Commercial Real Estate and Property Management Read More »
Accurate, real-time accounting is paramount for real estate developers and property managers. Unfortunately, proper bookkeeping can be both tedious and time-consuming. What if there were a way to keep accurate records while increasing productivity simultaneously? There is — real estate development software! Unlike other accounting software, such as QuickBooks, which caters to a more …